In the last three years, however, consumer awareness about data privacy has increased, while GDPR meant advertisers’ collection and use personal data became a mainstream focus. Does this mean that the position has shifted? Should brands still be investing in personalised ads?
Let’s take a look at the stats surrounding personalisation in 2022/3:
From a consumer perspective it suggests that personalisation is still a desirable tactic from brands. In fact, it’s an expectation.
In terms of performance, stats from 2022 also illustrate that 88% of marketers in the US saw measurable campaign improvements due to personalisation, with more than half reporting an increase of more than 10%.
For many consumers, the desire for personalisation comes with a cost in terms of giving away their personal data. We know a high proportion of users demand personalisation, but 86% of users are also worried about the collection and use of their personal data.
This contributes to a data conundrum for many consumers. They want personalisation but are uncomfortable with the use of their personal data.
Ad fatigue is a very real concept. Consumers are getting tired of brands repeatedly showing them the same non-relevant ads. The sheer volume of ads competing for their attention has caused over-saturation and an unwillingness to engage with these brands.
The result has been an increase in the use of ad blockers and a desire for an ad-free online experience.
For many brands this can be a scary concept, but in fact, it is all the more reason to invest in personalised ads. In the era of ad fatigue, the ability to stand out and pack a punch with your advertising will win with consumers.
Serving users with hyper-relevant ads based on their location, age, interactions with your brand and shopping habits for example, will transform the way you engage with your customers.
At Fluid Ads, we enable brands to engage with their users through hyper-relevant and tailored ads, with tactics including Retargeting, Geotargeting, Geofencing and Programmatic Advertising.
Through our Ad Builder you have the ability to build feature-rich, multi-format HTML5 ads at scale, this automation ensures that you can always iterate, speedily turning your marketing messages into beautiful adverts.
Learn more about how Fluid Ads can enhance your approach to personalisation and boost the performance of your digital display advertising.